Ardino
ActiveThe computed 12-month bankruptcy probability of Ardino is 1.9% (moderate). The 2025 annual accounts show equity of €229 and a net result of €91. Equity is shrinking by ~406.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 18016 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency4▲+3
Growth58▲+26
Stability94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67 against 0.57 in 2024), and 99.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 18016 sector peers (2025).
NBB · sector comparisonPosition among 18016 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
35 d early
2023
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€229▲ 65.7%
2024 · €138
2023: €2k
2024: €138
2023 → 2025
Total assets
€64k▲ 2.3%
2024 · €62k
2023: €68k
2024: €62k
2023 → 2025
Net result
€91
2024 · €-2k
2023: €90
2024: €-2k
2023 → 2025
Working capital
€-21k▲ 20.9%
2024 · €-27k
2023: €-28k
2024: €-27k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€2k-€138▼ 93.4%€229▲ 65.7%
Operating result€8k-€2k▼ 79.1%€4k▲ 119%
Net result€90-€-2k€91
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 119% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€21k▼ 22.6%
Current assets
€42k▲ 22.1%
Equity and liabilities €64k
Equity
€229▲ 65.7%
Debt
€63k▲ 2.1%
The debt ratio falls from 99.8% to 99.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€15k▲
2024 · €12k
Cash flow
€11k▲
2024 · €8k
Solvency
0.4%▲
2024 · 0.2%
Current ratio
0.67▲
2024 · 0.57
Quick ratio
0.10▲
2024 · 0.04
ROA
0.1%▲
2024 · -3.1%
Interest coverage
5.61▲
2024 · 3.85
Debt
€63k▲
2024 · €62k
Debt ≤ 1 year
€63k▲
2024 · €61k
Debt > 1 year
€151▼
2024 · €924
Income taxes
€1k▲
2024 · €509
Equity ratios withheld: equity of €229 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€62k€64k▲
Fixed assets21/28€28k€21k▼
Intangible fixed assets21€1k€1k▼
Tangible fixed assets22/27€26k€20k▼
Plant, machinery and equipment23€11k€13k▲
Furniture and vehicles24€3k€8k▲
Leasing and similar rights25€12k-
Current assets29/58€35k€42k▲
Stocks and contracts in progress3€32k€36k▲
Stocks30/36€32k€36k▲
Amounts receivable within one year40/41€867€1k▲
Trade receivables40€63€125▲
Other amounts receivable41€804€1k▲
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€72€1k▲
Equity and liabilities
Total equity and liabilities10/49€62k€64k▲
Equity10/15€138€229▲
Contributions10/11€2k€2k=
Reserves13€90€90=
Distributable reserves133€90€90=
Profit (loss) carried forward14€-2k€-2k▲
Amounts payable17/49€62k€63k▲
Amounts payable after more than one year17€924€151▼
Financial debts170/4€924€151▼
Amounts payable within one year42/48€61k€63k▲
Current portion of amounts payable after more than one year42€6k€3k▼
Financial debts43€8k€7k▼
Credit institutions430/8€8k€7k▼
Trade debts44€24k€37k▲
Suppliers440/4€24k€37k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€21k€14k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€689€757▲
Gross operating margin9900€13k€16k▲
Operating profit (loss)9901€2k€4k▲
Financial income75/76B€6€334▲
Recurring financial income75€6€334▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-1k€1k▲
Income taxes67/77€509€1k▲
Profit (loss) for the period9904€-2k€91▲
Profit (loss) for the period to be appropriated9905€-2k€91▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-2k▲
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €91
Net result €91 after one loss-making year.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-2k ▼2274%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bredene · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kapelstraat 2318450 BredeneGround area
171 m²
Building footprint
125 m²
Volume, LiDAR
911 m³
Parcel 35302C0338/02R000, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ardino
since 20212.326.205.795
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302C0338/02R000 | Flanders | 171 m² | 1 · 125 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBredene2.326.205.795
Similar companies · same sector, comparable size
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PRESS BOOK SHOP
BE 0426.503.852
Overijse · Eq €214
L'APOSTROPHE
BE 0427.771.780
Gembloux · Eq €270
BIJ DEBORAH
BE 0740.777.023
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ZIGGY NELL
BE 0448.151.975
Ukkel · Eq €360
Of 2,318 companies in sector 47621 we hold annual accounts for 1,235. 30 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2021
Fiscal year end30-09
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
47640Retail sale of games and toys
47650Retail trade
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ariane.lateste@gmail.com